Namibia: Exports of goods, services and primary income (current US$, BoP)

Key figures

What the numbers say

In 2024, Namibia's exports of goods, services and primary income (current US$, BoP) rose 6.8% on 2023 (from US$6.22 billion to US$6.65 billion).

Across the 30 yearly changes before that (1994 to 2023), the average change was +5.2% and a typical year strayed about 14% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 35.4% in 2004 and the biggest yearly fall was 17.3% in 1999. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about US$229.44 million a year. A straight line explains 62% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Namibia had the 16th highest value of the 29 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Namibia in the 2024 ranking

• Zimbabwe — 12th of 29: US$8.26 billion
• Burkina Faso — 13th of 29: US$7.06 billion
• Bahamas, The — 14th of 29: US$6.87 billion
• Mali — 16th of 29: US$6.2 billion
• Djibouti — 17th of 29: US$5.52 billion
• Rwanda — 18th of 29: US$4.31 billion

What this measures

Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 35 values

Exports of goods, services and primary income (current US$, BoP) in nearby economies

• Angola — US$31.51 billion (2025)
• Benin — US$4.86 billion (2023)
• Botswana — US$6.75 billion (2025)
• Burkina Faso — US$7.06 billion (2024)
• Burundi — US$589.09 million (2025)
• Cabo Verde — US$1.35 billion (2025)
• Cameroon — US$8.82 billion (2024)
• Comoros — US$163.55 million (2023)
• Congo, Dem. Rep.

More economic policy & debt data for Namibia

• Adjusted savings, education expenditure (% of GNI) — 8.92% (2021)
• Adjusted savings, net forest depletion (current US$) — US$106.2 million (2021)
• Adjusted savings, mineral depletion (current US$) — US$262.77 million (2021)
• General government final consumption expenditure (current US$) — US$3.36 billion (2025)
• General government final consumption expenditure (current LCU) — 60.11 billion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$3.51 billion (2025)
• General government final consumption expenditure (constant LCU) — 45.2 billion (2025)
• General government final consumption expenditure (% of GDP) — 22.28% (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Namibia's exports of goods, services and primary income (current US$, BoP)?

US$6.65 billion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 373.54% from US$1.4 billion in 1990 (4.68% a year on average, compounded). The highest value was US$6.65 billion in 2024 and the lowest US$1.4 billion in 1990.

How does Namibia rank?

16th highest of 29 economies with data for 2024.

Is the latest change in exports of goods, services and primary income (current US$, BoP) unusual for Namibia?

In 2024, Namibia's exports of goods, services and primary income (current US$, BoP) rose 6.8% on 2023 (from US$6.22 billion to US$6.65 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +5.2% and a typical year strayed about 14% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator BX.GSR.TOTL.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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